Question: Enter the following transactions in a general journal and post them to the appropriate general ledger and accounts receivable ledger accounts. Use account numbers as

Enter the following transactions in a general journal and post them to the appropriate general ledger and accounts receivable ledger accounts. Use account numbers as shown in the chapter. Beginning balance in Accounts Receivable is $3,900. Beginning balances in selected customer accounts are Adams, $850; Greene, $428; and Phillips, $1,018.

June 1 Marie L. Phillips returned merchandise previously purchased on account (Sale No. 33), $43.

11 John B. Adams returned merchandise previously purchased on account (Sale No. 34), $59.

15 L. B. Greene returned merchandise previously purchased on account (Sale No. 35), $21.

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DATE GENERAL JOURNAL DESCRIPTION 20 June 1 Sales Retums and Allowances Accounts ReceivableM Phillips ... View full answer

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